Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 12 to 10.5.
Financials
Financial year 2025
recurv from Antwerpen, company number BE0697688039, closed financial year 2025 with a result of € 424,395 after tax. For that financial year recurv recorded a gross margin of € 1.5 million and equity of € 518,492. Compared with financial year 2024, the result moved from € 46,222 to € 424,395. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 18, 2026.
€ 518,492
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 424,395
▲ € 378,173 vs 2024
Profit after tax over the fiscal year.
€ 1 million
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 339,500 paid out
80 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
10.5
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 776,697
▼ 23% vs 2024
€ 74,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 86,937
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 13,157
▼ 95% vs 2024
Loans from banks and other lenders, long and short.
€ 2.1 million
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 376,183
▲ 112% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,113,880 | € 1,168,823 | € 1,322,520 | € 1,518,094 | ▲ 15% |
| Profit after taxes | € 316,617 | € 78,975 | € 46,222 | € 424,395 | ▲ € 378,173 |
| Equity | € 308,400 | € 387,375 | € 433,597 | € 518,492 | ▲ 20% |
| Total debts | € 1,244,911 | € 1,330,610 | € 2,272,177 | € 2,802,361 | ▲ 23% |
| Cash | € 236,500 | € 123,641 | € 815,357 | € 1,008,677 | ▲ 24% |
| Land & buildings | € 128,611 | € 117,642 | € 105,312 | € 90,686 | ▼ 14% |
| Retained profit | € 298,400 | € 377,375 | € 423,597 | € 508,492 | ▲ 20% |
| Dividend | € 200,000 | € 0 | € 0 | € 339,500 | |
| Bank debt | € 12,552 | € 205,919 | € 274,763 | € 13,157 | ▼ 95% |
| Balance sheet total | € 1,553,311 | € 1,717,985 | € 2,705,774 | € 3,320,853 | ▲ 23% |
| Employees (FTE) | 9.9 | 12 | 11.3 | 10.5 | ▼ 0.8 |
Key figures of recurv, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to recurv?
What happened at recurv in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 424,395 (▲ € 378,173 vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Grasp became a director. NBB
- Trustify became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 316,617 profit in 2022 to € 424,395 profit in 2025.
Paid € 288,127 in corporate taxes since 2022.
Best year ever: 2025, with € 424,395 profit.
On average € 144,600 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind recurv are Grasp and Trustify. The same people are also behind JACK BOULDER.
Directors
According to the 2025 annual accounts
since 2018
since 2018
Establishments
Establishment units
Physical locations of this company
Frankrijklei 108
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0697.688.039
- VAT number
- BE 0697.688.039
- Registered office
- Frankrijklei 108, 2000 Antwerpen
- Names & denominations
- recurv
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 2018
- Peppol
- Active · Active since 25 Feb 2025
- Activities · NACE
Arbeidsbemiddeling
Activiteiten van uitzendbureaus en andere diensten in verband met personeelsvoorziening
Overige zakelijke dienstverlening, neg
Andere vormen van arbeidsbemiddeling